Industria Venezolana de Aluminio C.A., CVG Venalum was constituted in 1973 with the objective of producing primary aluminum in different shapes for exporting purposes. CVG Venalum is a mixed capital company with 80% Venezuelan capital, represented by Corporaci髇 Venezolana de Guayana (CVG); and 20% foreign capital according to agreement subscribed with a Japanese consortium integrated by SHOWA DENKO, K.K.; KOBE STEEL, LTD.; SUMITOMO COMPANY, LTD.; MITSUBISHI ALUMINUM COMPANY, LTD.; and MARUBENI CORPORATION, INC. Inaugurated officially on June 10th, 1978; C.V.G. VENALUM is the largest Latin American aluminum smelter with an installed capacity of 430.000 tons/year. CVG Venalum is located in Ciudad Guayana, Bolivar State on the southern margin of the Orinoco River. Seventy five percent of its production is shipped to the United States, Europe, and Japan; the rest serves the domestic market.

    CVG Venalum磗 mission is to produce and commercialize products and services for the aluminum industry in an efficient way as well as promote the development and strength of the national aluminum industry downstream, maximizing the benefits for its workers, shareholders, the region, and the country.